EPISODE · Aug 23, 2024 · 51 MIN
40: PEST CONTROL GUY MAKES 1ST ACQUISITION! w/ Casey McDaniel
from OWNR OPS Podcast
In this episode, I sit down with the pest control expert Casey McDaniel to discuss his recent business acquisition. Casey shares insights into the process of buying his first pest control company and the strategic decision behind it. 📙Free Service Startup Playbook To Generate Your First $100k: https://www.ownrops.com/playbook💪Here’s what we cover in this episode:✅Casey's decision to acquire a pest control business as part of his growth strategy✅The structure and size of the deal, including a $475,000 acquisition price✅How Casey used an SBA loan and seller financing to minimize upfront costs✅The challenges faced during the acquisition process, including delays and unexpected hurdles✅The first steps Casey took after acquiring the business, including integrating the new location into operations✅ Why they chose this path over organic growth and opening new branches✅The negotiation process: how they settled on the final purchase price after initial offersIf you’ve ever wondered about using acquisitions to grow a business, this episode offers valuable lessons.🎧 Enjoying the podcast? Leave us a 5-star review on Apple or Spotify!This episode is brought to you by:🔥 We use Jobber to manage our quoting, scheduling, & invoicing ➡️ Get 20% off your first 6 months here: https://go.getjobber.com/ownerops-spotify📞 We moved our phone line to OpenPhone so that we can record calls, summarize & tag customers with AI, and integrate with Jobber. ➡️ Get 20% off OpenPhone here: https://get.openphone.com/ownr-ops🚀 Get 50% DISCOUNT DialedIn Bookkeeping: https://www.dialedinbookkeeping.com/ownrops 🚀Local SEO Stryker Digital: https://stryker-digital.com/?el=oo📰 Sign up for the OWNR OPS Newsletter: Weekly growth tips from real 7-figure service OWNRS → ownrops.com/newsletter
What this episode covers
In this episode, I sit down with the pest control expert Casey McDaniel to discuss his recent business acquisition. Casey shares insights into the process of buying his first pest control company and the strategic decision behind it. 📙Free Service Startup Playbook To Generate Your First $100k: https://www.ownrops.com/playbook💪Here’s what we cover in this episode:✅Casey's decision to acquire a pest control business as part of his growth strategy✅The structure and size of the deal, including a $475,000 acquisition price✅How Casey used an SBA loan and seller financing to minimize upfront costs✅The challenges faced during the acquisition process, including delays and unexpected hurdles✅The first steps Casey took after acquiring the business, including integrating the new location into operations✅ Why they chose this path over organic growth and opening new branches✅The negotiation process: how they settled on the final purchase price after initial offersIf you’ve ever wondered about using acquisitions to grow a business, this episode offers valuable lessons.🎧 Enjoying the podcast? Leave us a 5-star review on Apple or Spotify!This episode is brought to you by:🔥 We use Jobber to manage our quoting, scheduling, & invoicing ➡️ Get 20% off your first 6 months here: https://go.getjobber.com/ownerops-spotify📞 We moved our phone line to OpenPhone so that we can record calls, summarize & tag customers with AI, and integrate with Jobber. ➡️ Get 20% off OpenPhone here: https://get.openphone.com/ownr-ops🚀 Get 50% DISCOUNT DialedIn Bookkeeping: https://www.dialedinbookkeeping.com/ownrops 🚀Local SEO Stryker Digital: https://stryker-digital.com/?el=oo📰 Sign up for the OWNR OPS Newsletter: Weekly growth tips from real 7-figure service OWNRS → ownrops.com/newsletter
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40: PEST CONTROL GUY MAKES 1ST ACQUISITION! w/ Casey McDaniel
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